Overtime Exemption Thresholds for Salaried Workers Set to Change ...

Department of Labor announces final rule expanding federal ...

This is an increase from the previous 2019 rule which set the threshold at the 20th percentile of weekly full-time salaried employees in the ...

Overtime Regulations - Independent Sector

On April 23, 2024, the Biden-Harris Administration published a final rule raising the salary threshold that must be met for employees to be classified as exempt ...

U.S. Department of Labor Increases Salary Thresholds for Certain ...

However, employees may qualify for an overtime exemption if they receive a fixed salary not subject to reduction based on the quantity or quality of work, earn ...

Major Overtime Rule Now in Effect: Is Your Payroll Compliant? - CBIA

The overtime rule change substantially increased the salary threshold from $684 per week to $844 per week from July 1, 2024.

New Overtime Rule Already Facing Legal Challenges - PSHRA

... salaried workers” by increasing the salary thresholds required to exempt a salaried bona fide…

New Overtime Rules for Minimum Salary - Nextep

Key Changes: Increased Salary Thresholds: Currently, salaried workers earning more than $35,568 annually are exempt from overtime pay. This ...

Understanding the New Final Rule Updating the Salary Level for ...

Changes to the Salary Threshold for the White-Collar Exemptions · As of July 1, 2024, the new salary threshold will increase to $844 per week, ...

U.S. DOL's New Overtime Rule Increases Exempt Employee Salary ...

The current white-collar exemption salary threshold is $66,560 per year — substantially higher than either the current or proposed FLSA salary ...

New Salary Threshold For FLSA Exemptions From Overtime

The threshold for the “highly compensated employee” (HCE) exemption will rise, first to $132,964 on July 1, then to $151,164 on January 1, 2025 ...

DOL Raises the Federal Overtime Salary Threshold | Next Steps for ...

Increases the minimum salary requirement for the EAP exemption from $684 per week ($35,568 annualized) to $844 per week ($43,888 annualized) ...

Labor Department's New Overtime Rule Likely Coming Soon: Your 8 ...

As proposed in August, the Labor Department intends to significantly raise the exempt salary threshold for the so-called “white-collar” ...

Department of Labor Increases Salary Thresholds for Overtime ...

The final rule will also increase the compensation threshold for the “highly compensated employees” overtime exemption, which is currently set ...

FLSA Changes to Overtime Rules: What Employers Need to Know ...

The FLSA changes raise the HCE threshold from $100,000 to $134,00 annually (the 90th percentile of full-time salaried workers in the U.S.). Employees earning ...

Understanding The Department of Labor's Recent Overtime Rule ...

As of April 24, The U.S. Department of Labor (DOL) has announced substantial changes to the overtime exemptions and salary thresholds under the ...

New Final Rule On Overtime Eligibility: What Employers Need To ...

Note: A separate overtime exemption applies to some highly compensated employees. The threshold for these employees will increase to $132,964 on ...

U.S. Department of Labor Increases Salary Threshold for Overtime ...

The DOL also increased the total annual compensation level to be exempt from overtime and minimum wage requirements under the FLSA's “highly ...

Salary threshold increase for exempt employees begins Monday

Presently, this threshold is set at $107,432 per annum. As of July 1, 2024, the annual salary threshold will increase to $132,964. On January 1, ...

DOL Raises Salary Threshold for FLSA Exempt Employees

Starting July 1, 2024, salaried employees must earn at least $844 per week (equating to $43,888 annually) to be exempt from overtime pay. This ...

Trump DOL Announces Proposed New Overtime Salary Thresholds

The proposed rule would also set the minimum salary threshold for the “highly compensated employee” test at $147,414 per year. Background. To be exempt from ...

Department of Labor Releases Final Rule Lifting the Salary ...

Any eligible employee earning under these thresholds would be eligible to collect overtime pay for any work completed over 40 hours. The floor ...